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Dec 3, 2012
12/12
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off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal, connecticut, massachusetts, new york and tennessee all taking part in this initiative. the goal is to improve student achievement and make u.s. schools more competitive on the g
off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that...
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Dec 3, 2012
12/12
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car sales were down more than expected for hurricane sandy. on a year- to-year basis it's still pretty good. gm is trading higher than expectations ford is up 6 1/2%. tokyo that is up 17.2%. this is a good number, over 150 million units in 2012. we by car the me go out and buy things for our car we have a mechanic we pay the people that's right here on the body with foam. that is nice to see that it's getting a little easier. >> it is nice to see ford and chrysler with good numbers. delta airlines talking about buying a stake in virgin atlantic. they're buying it from singapore is it? >> for us as a flyer it means that we can get into europe from a lot of cities in america where delta flies out of if the deal goes through. it is a win for us. virgin atlantic is not burgeoned america >> i love that airline >> i love that airline. you can get to air europe it seems but once you get there you cannot afford to buy anything. it is really expensive unless you read playboy millionaire like myself. to be an airline and europe you have to have a majori
car sales were down more than expected for hurricane sandy. on a year- to-year basis it's still pretty good. gm is trading higher than expectations ford is up 6 1/2%. tokyo that is up 17.2%. this is a good number, over 150 million units in 2012. we by car the me go out and buy things for our car we have a mechanic we pay the people that's right here on the body with foam. that is nice to see that it's getting a little easier. >> it is nice to see ford and chrysler with good numbers. delta...
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Dec 5, 2012
12/12
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with frustrated homeowners still waiting for help from superstorm sandy... the head of the federal emergency management agency testified before u-s lawmakers today . >> we have seen long response times because of fema because of every detail. >> the house transportation and infrastructure committee held a hearing... on the agency's response to the storm ... and touched on all the trouble people faced in the north east.. despite prepositioning of certain assets, we still saw massive fuel shortages, people in places like staten island who did not have help for days, and millions we've seen meaningful rebuilding. we don't want to see, from ny and nj, still haggling with fema over every different doorknob and light switch. we will be back. sleep train has your ticket to tempur-pedic. experience the pressure-relieving comfort of tempur-pedic, and sleep risk-free with sleep train's 100-day money back guarantee. get 36 months interest-free financing: no down, and no interest for 3 years. plus, get free same-day delivery. sleep train's 100-day money back guarantee,
with frustrated homeowners still waiting for help from superstorm sandy... the head of the federal emergency management agency testified before u-s lawmakers today . >> we have seen long response times because of fema because of every detail. >> the house transportation and infrastructure committee held a hearing... on the agency's response to the storm ... and touched on all the trouble people faced in the north east.. despite prepositioning of certain assets, we still saw massive...
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Dec 10, 2012
12/12
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. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalk in time for next summer. they are in a race to finish by the end of may to retain tourist money they will need next year. seaside heights, new jersey gets about 75% of its budget for tourism. sounds like bellmawr, new jersey in spending around $2 million to rebuild its boardwalk. new york mayor michael bloomberg said no new wooden or what should be built. as he favors concrete bring more adorable. >> first a live look outside on your monday morning from the golden gate bridge. you can see we do not have fog on this monday morning. the weekend brought us lots of sunshine that weather will continue mostly sunny skies today. similar high as compared to yesterday's few degrees warmer especially in the south bay. we are tracking storms that could impact us tuesday night may be the middle of the week. erica will have more details on your forecast. when we come back will take a look at your top headlines. stick around. welcome back. happy monday. the time is 4:29 we see the light on the building as
. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalk in time for next summer. they are in a race to finish by the end of may to retain tourist money they will need next year. seaside heights, new jersey gets about 75% of its budget for tourism. sounds like bellmawr, new jersey in spending around $2 million to rebuild its boardwalk. new york mayor michael bloomberg said no new wooden or what should be built. as he favors concrete bring more...
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superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while riding the trains get ready for potential hike in fees by 50 cents twice a year at
superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of...
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. >> and add to the rolling stones performing for the super storm sandy benefit concert. including show producers say they've raised nearly $30 kblinl so far. the announcement comes as president obama plans to ask congress to approve $60 billion in aid to help communities rebuild from damage caused by sandy. >> native patriots quarterback tom brady is a new daddy again. brady ask his wife announced birth of their second child a little girl namedqst" vivienne . the super model says they're grateful to be the parents of another little angel. they have a 3-year-old son. >> congratulations autos from movie premiers to events, red carpets are packed now. >> we can hear all about it in today's on the red carpet report its a busy time for a-listers here in los angeles. matt damon and friends hit the red carpet last night for the premier of his latest film "promise land". >> seemed like a perfect back drop for a movie about american identity. the decisions we make as communities. >> in new york city another0w%ñ premier we learned some facts about elijah wood. >> i think i relate
. >> and add to the rolling stones performing for the super storm sandy benefit concert. including show producers say they've raised nearly $30 kblinl so far. the announcement comes as president obama plans to ask congress to approve $60 billion in aid to help communities rebuild from damage caused by sandy. >> native patriots quarterback tom brady is a new daddy again. brady ask his wife announced birth of their second child a little girl namedqst" vivienne . the super model...
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Dec 10, 2012
12/12
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. >>> a bay area one area, can it be saved after hurricane sandy, the emotional battle of how to bring them back to life. >>> approaching the 880 supply the we will have traffic and weather. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. rethink possible. . >>> the big-rig fire did take down a fire line, tara moriarty has more information and is on the scene and we will have more details coming up. >>> the clock is ticking and the nation is three weeks away from falling off that fiscal cliff. the president and house speaker john boehner metaphor talks over the weekend and -- met for talks over the weekend and a
. >>> a bay area one area, can it be saved after hurricane sandy, the emotional battle of how to bring them back to life. >>> approaching the 880 supply the we will have traffic and weather. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's...
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the economy did take a hit from hurricane sandy but much less than what many expected. during november there were 146,000 jobs created that was much greater than the 85,000 that economists had expected. meantime, unemployment rate fell to 7.7%. higher close for stocks yesterday on signs of possible progress in the fiscal cliff negotiations. netflix ceo in the hot seat saying the company's online viewing exceeded a billion hours in june for the first time. posting on facebook does not qualify as the fair public disclosure of information publicly traded companies are supposed to give. if you have a student loan it may get easier to pay it back. the program -- allows students who started taking loans after october 1st, 2007 to plead financial hard ship and limit payments and have the loans forgiven after 20 years. do have you old appliances that need replacing? the so-called consumer durable goods owned by americans are the oldest in nearly half a century. research says that could mean a big spending spree is on the way that could stimulate the u.s. economy. at the new yor
the economy did take a hit from hurricane sandy but much less than what many expected. during november there were 146,000 jobs created that was much greater than the 85,000 that economists had expected. meantime, unemployment rate fell to 7.7%. higher close for stocks yesterday on signs of possible progress in the fiscal cliff negotiations. netflix ceo in the hot seat saying the company's online viewing exceeded a billion hours in june for the first time. posting on facebook does not qualify as...
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the labor department says sandy did not substantially impact the data. markets a bit positive after those numbers came out dow up 40 bloomberg silicon valley index up by more than a half%. -- more than half a percent. h & m recycling program -- the goal is to reduce textile waste and find solutions that involve using more recycled textiles in new clothes. i'm jane king. >>> a little fog out there that mike is tracking otherwise cold. >> it is many here's the reason why, lack of clouds, beautiful from our roof cam under the bay bridge down to the diablo range you can see yellows, warming of the sun coming our way today and through at least tuesday temperatures may near 70° in some areas. live doppler 7 hd we are tracking fog in our inland valleys, unlike yesterday, not as damp not as misty, the fog is thick in some areas down to a quarter even 8th of a mile visibility so be careful this morning. temperatures the other big story, cool in the north bay, santa rosa 37, napa 39, most of us in the 40s, san jose 51° i am mid to upper 40s around the -- montere
the labor department says sandy did not substantially impact the data. markets a bit positive after those numbers came out dow up 40 bloomberg silicon valley index up by more than a half%. -- more than half a percent. h & m recycling program -- the goal is to reduce textile waste and find solutions that involve using more recycled textiles in new clothes. i'm jane king. >>> a little fog out there that mike is tracking otherwise cold. >> it is many here's the reason why, lack...
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Dec 10, 2012
12/12
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. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalks and tie for next summer. they are in the race to finish by the end of may to retain tourists money that will need next year. seaside, that's- seaside heights, new jersey gets about 75% of its budget for tourism. towns like bellmawr, under their spending around 200--$20 million to rebuild its war wall. new york mayor olmert has said no new wooden boardwalk should be built. as he favors concrete boardwalk we will get an update on the dry times in the morning commute coming up and watch of the weather. we have blue sky out there on this chilly monday morning when we act in a minute on kron 4 morning morning when we act in a minute on krlook at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems
. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalks and tie for next summer. they are in the race to finish by the end of may to retain tourists money that will need next year. seaside, that's- seaside heights, new jersey gets about 75% of its budget for tourism. towns like bellmawr, under their spending around 200--$20 million to rebuild its war wall. new york mayor olmert has said no new wooden boardwalk should be built. as he favors concrete...
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Dec 7, 2012
12/12
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that was likely an effect of sandy. 350,000 or so people stopping their search for work. that's what brought the unemployment rate down. not a great report but still a little bit better than what some people were forecasting. the apple a samsung case going on in federal court in san jose. the judge told lawyer for both sides that she may reduce the original award of one billion dollars saying jurors may have miscalculated the damages. but the judge may also enact sales bans against several older samsung devices so that could go either way. samsung trying to get a whole new trial in this case. >>> stock market higher on the better than expected jobs report. the dow is gaining 39 points. nasdaq up by one. s&p up. apple shares rebounded yet by 1 1/2 percent after that big 6% drop the other day. back to you. >>> jason brooks, cbs and cbs money watch.com. >>> a student was hurt in turkey, when a pedestrian bridge collapsed. security camera footage showing the moment when the bridge just gave away. apparently it was weighed down with a lot of snow on it. high school students su
that was likely an effect of sandy. 350,000 or so people stopping their search for work. that's what brought the unemployment rate down. not a great report but still a little bit better than what some people were forecasting. the apple a samsung case going on in federal court in san jose. the judge told lawyer for both sides that she may reduce the original award of one billion dollars saying jurors may have miscalculated the damages. but the judge may also enact sales bans against several...
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Dec 7, 2012
12/12
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economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is investigating nexflix and the company's ceo. reid hastings is dismissing the claim that the facebook post may have boosted the stock price. at the time hastings mentioned how much nexflix viewing had increased. you have to be really careful what you post on facebook. >> my coe anchor is happy because she's a huge heavy meal fan and now metallica is streaming its video. >> i didn't know i was a fan. >> you're getting ready to rock out because fans of metallica can stream the band's music on spotify. in fact in 2000, metallica filed a lawsuit against napster accusing them of copy right infringement. they can now listen
economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is...
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Dec 6, 2012
12/12
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and for the first time in several weeks, the effects of superstorm sandy largely ruled out. the four-week average at 408,000 is still elevated. most of the year we have seen claims around that 370,000 to 375,000 level which suggests modest growth. we get the november employment growth tomorrow. that's a key factor although again sandy will distort the numbers. >>> flat start on wall street. investors still looking for some progress. dow down 1, nasdaq down 1, s&p down 1, as well. apple shares down 1.25%. back to you. >> it's 1s across the board. thank you. >>> the new reality in washington state recreational use of marijuana is now legal. hundreds of people showed up at the space needle to celebrate at midnight. voters approved the law last month. adults can now possess up to an ounce of pot. but growing and selling it is still a crime. colorado by the way also legalized recreational use of marijuana but that amendment won't take effect until the governor proclaims that it passed. >>> just two years after arriving in the bay area, the "fresh & easy" market chain could be goi
and for the first time in several weeks, the effects of superstorm sandy largely ruled out. the four-week average at 408,000 is still elevated. most of the year we have seen claims around that 370,000 to 375,000 level which suggests modest growth. we get the november employment growth tomorrow. that's a key factor although again sandy will distort the numbers. >>> flat start on wall street. investors still looking for some progress. dow down 1, nasdaq down 1, s&p down 1, as well....
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one of the arborists dealing with the mess here had been back dealing with the mess after superstorm sandy on the east coast, came here for a few days he's going back there because there is much more to do there he says he will come back here when the next storm hits which hopefully will be a few days from now. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today a section of the road collapsed after recent storms you can look here vine hill road is an escape route for santa cruz in case of an emergency evacuation fixing the entire road will take one month. >>> in san francisco department of public works preparing for more rain crews answered 40 calls to clear trees and latch -- and large branches during last sunday's storm since then they've been checking vulnerable trees and clearing catch basins. >> stay with abc7 news for continuing storm watch coverage you can track the storm any time with live doppler at abc7news.com. if you take any good weather photos or video we want to see it, them to ureport. >>> violent night in th
one of the arborists dealing with the mess here had been back dealing with the mess after superstorm sandy on the east coast, came here for a few days he's going back there because there is much more to do there he says he will come back here when the next storm hits which hopefully will be a few days from now. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today a section of the road collapsed after recent storms you can...
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report today from payroll company saying the economy added fewer than expected jobs they blame hurricane sandy for part of that decline. we'll see what the government has to say in a couple of days. stocks holding on to positive, -- [ unintelligible ] facebook is one of the stocks we are watching trading slightly higher stocks getting extra attention getting added to the nasdaq 100 index next week that could help facebook. have you been in better spirits lately? sales of alcoholic drinks at restaurants saw a 5% jump. researchers say booze-buying is on track to go up this year and next. according to consumers part of the increase has to do with food and drink pairings that we are seeing at so many restaurants, beer dinners and tequila tastings. i'm sure you see that every morning, right? i'm jane king, at the new york stock exchange. >>> we are on the storm watch this morning, we have live team coverage we start with mike and a look at where the rain is now. >>> heavy just about everywhere that's the problem with this morning, all of us except for south bay and extreme north bay getting dealt w
report today from payroll company saying the economy added fewer than expected jobs they blame hurricane sandy for part of that decline. we'll see what the government has to say in a couple of days. stocks holding on to positive, -- [ unintelligible ] facebook is one of the stocks we are watching trading slightly higher stocks getting extra attention getting added to the nasdaq 100 index next week that could help facebook. have you been in better spirits lately? sales of alcoholic drinks at...
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Dec 10, 2012
12/12
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the costs -- sandy. the costs range. many towns are debating whether to build with wood or more stronger materials. some sentimental locals say you can't have a boardwalk without boards. others say the wood just is not strong enough to survive these kinds of storms. >>> it looks like there won't be any more strikes at the portland of oakland for a couple of years. 500 workers who walked 0 the job for one day last month have now ratified a four-year contract. it gives them 2 1/2% cost of living increases next year and in 2014. there's also a $3500 signing bonus. the port commission is expected to approve this new contract next week. >>> well, close to 38,000 people have already signed an on online petition against the new logo for the university of california. the new, more simple and contemporary image, there it is. it was unveiled on friday. besides the website changed, there's several other facebook pages stopping the university from using. they say they will still use the 144-year-old seal but says the new logo repres
the costs -- sandy. the costs range. many towns are debating whether to build with wood or more stronger materials. some sentimental locals say you can't have a boardwalk without boards. others say the wood just is not strong enough to survive these kinds of storms. >>> it looks like there won't be any more strikes at the portland of oakland for a couple of years. 500 workers who walked 0 the job for one day last month have now ratified a four-year contract. it gives them 2 1/2% cost...